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Harness Racing / Re: Another one off to stud
« Last post by Grandstand Handicapper on Today at 04:42:25 PM »laag, you are correct and just like all markets it will correct
survival of the fittest in the short term
will certainly keep stud fees low on the mediocre ones and gives breeders lots of choice
of course still waiting for confederate, cannibal, legendary hanover etc so yes the market is flooded on both pacers and trotters
you would think that with the kentucky 4 yr old program ( which is excellent) and the aged series offered at yonkers that more owners would race at 4 and 5
but the quick money of breeding is to tempting, assume 100 bookings at $10,000 per and you have $1,000,000 without racing
but if they don't hit in year one or two they are toast and quickly become an afterthought and a regional sire mostly for people breeding to race their own stock
Age old argument. For a true, real, top horse, the class leader, even the second best horse, unfortunately, the economics dictate. If you have a farm willing to front the money, syndicate him, and then pay you the remainder, you simply can't race. Very little upside, and a lot of downside. It sucks, but it's the economics. The commercial breeders drive the boat and they are hurting the industry as a whole.
In this case, with your example, actually, if he breeds 100 mares, it's typically stud fee paid on live foal. Conservative figures are 80%, but many farms run calculations based upon 90% (depending on how he tested). So you have 80 to 90 paid stud fees.....if everyone pays, LOL. Also, don't forget the so called "year one" is not today, LOL. When the mares foal, they are weanlings, next year yearlings, and then the next year they hopefully hit the track as 2yo's. How they look, sell, and race.....each step gets you closer to success or failure, LOL.

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